Hungary’s Golden Visa program, reintroduced on July 1, 2024, offers a unique pathway for international investors to gain European Union residency through investments in real estate funds. With a low investment threshold of €250,000, Hungary’s program stands out as one of the most accessible Golden Visa programs in Europe.
What Are Real Estate Funds?
Real estate funds pool capital from multiple investors to purchase and manage a diversified portfolio of real estate assets. The goal is to generate returns through rental income, property appreciation, and other real estate activities. By investing in Hungary’s Golden Visa Real Estate Funds, investors can take advantage of these potential returns while securing residency in the European Union.
Key Features of Hungary’s Golden Visa Real Estate Funds
- Minimum Investment: €250,000 in bonds of a registered real estate fund
- Portfolio Composition: At least 40% of the fund’s assets must be Hungarian residential real estate
- Investment Certificate: Proof of your eligibility for the Golden Visa program
- Residency Permit: A 10+10 year residency permit, renewable upon meeting the original investment criteria
By making this investment, you will receive an investment certificate, which is crucial for obtaining residency.
Investment Process: How to Get Started
- Select a Registered Real Estate Fund: Choose a fund that meets the program’s criteria.
- Purchase Bonds: Invest at least €250,000 in bonds from the selected fund.
- Receive an Investment Certificate: This certifies your investment and eligibility for the Golden Visa.
- Apply for the Golden Visa: Use the investment certificate as proof during your application.
- Complete the Investment: The entire investment process must be finalized within 90 days of your residency approval.
Why Invest in Hungary’s Golden Visa Real Estate Funds?
1. Pathway to EU Residency
Gain residency in Hungary and visa-free travel across the Schengen Area for up to 90 days within a 180-day period.
2. No Minimum Stay Requirements
Unlike other countries, Hungary does not require investors to maintain a minimum physical presence in the country to retain residency.
3. Low Investment Threshold
At €250,000, Hungary’s Golden Visa program offers the lowest investment threshold in Europe for real estate funds.
4. Potential for Returns
You can benefit from rental income and property value appreciation, making the real estate fund a potentially profitable investment.
5. Pre-Approval Reduces Risk
Investors make the investment only after their Golden Visa application is pre-approved, reducing the risk of financial loss.
Considerations for Investors
Before you invest in Hungary’s Golden Visa real estate funds, consider the following:
- Long-Term Commitment: You must hold the investment for a minimum of 5 years to maintain your residency status.
- Renewal Conditions: After the initial 10-year period, renewal requires meeting the original investment criteria.
- Professional Advice: Consult financial and legal professionals to ensure this investment aligns with your goals and risk tolerance.
- Refund Guarantee: If your application is not approved, you are guaranteed a refund of consultation and processing fees.
Alternative Investment Option: Residential Property
If real estate funds aren’t for you, Hungary’s Golden Visa program also allows investments in residential property:
- Minimum Investment: €500,000 in Hungarian residential property.
- Ownership Flexibility: Investors can own the property directly or through a company.
This option provides direct ownership of real estate, which can offer control and additional income through renting out the property.
Conclusion: Is Hungary’s Golden Visa Real Estate Fund Right for You
Hungary’s Golden Visa program, with its low investment threshold, no residency requirements, and pre-approval process, offers a compelling opportunity for international investors. Whether you’re looking to secure residency in Europe or diversify your investment portfolio through real estate funds, Hungary provides a flexible and affordable route.
Investors should carefully weigh their options and seek professional guidance to ensure they select the best investment strategy for their needs.
[UPDATE] Eligible Real Estate Funds in Hungary: Spotlight on Sprint Asset Management
As of November 2024, Sprint Asset Management is the first real estate fund approved for Hungary’s reintroduced Golden Visa program. This fund, approved for the EU residency pathway, meets Hungary’s investment criteria for foreign investors seeking European residency through real estate investments.
Sprint Asset Management’s real estate fund aligns with Hungary’s Golden Visa requirements by pooling investor capital to purchase and manage a diverse portfolio of Hungarian residential properties. The fund’s asset composition adheres to program guidelines, with at least 40% of assets invested in residential real estate within Hungary. This offers a tangible route for investors to participate in Hungary’s growing property market while meeting residency requirements.
Why Choose Sprint Asset Management for Your Golden Visa Investment?
1. Registered and Compliant: As an approved fund, Sprint Asset Management complies with Hungary’s Golden Visa regulations, ensuring the investment meets residency eligibility standards.
2. Potential for Returns: Sprint Asset Management’s fund allows investors to benefit from rental income and potential property appreciation, making it a profitable option alongside the residency benefits.
3. Low Barrier to Entry: With the minimum investment set at €250,000, Sprint Asset Management offers one of the lowest entry points in the EU for residency via real estate investments.
For those interested in Hungary’s Golden Visa, Sprint Asset Management represents a vetted, accessible option to achieve residency while participating in the Hungarian real estate market. Choose Aegir to get access to the real estate funds presented by Sprint.
FAQs
Q: How much do I need to invest in Hungary’s Golden Visa Real Estate Fund?
A: The minimum required investment is €250,000 in bonds from a registered real estate fund.
Q: How long is the residency permit valid for?
A: The residency permit is valid for 10+10 years, renewable upon meeting the initial investment conditions.
Q: Can my family apply for residency under the same investment?
A: Yes, your spouse, children under 18, and parents over 65 can be included in your application without an additional investment.
